Remittances to Uzbekistan recorded at $4.88 billion in Jan-Oct

Cross-border transfers to Uzbekistan for the period January-October 2020 amounted to $4.88 billion. This is $148 million less than in the same period last year, the Central Bank reports.

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After a sharp decline in March-April, the remittances rose sharply in April, and in summer they showed even better dynamics than in the previous year.

The amount of currency sent abroad was $934 million – $67 million (8%) more than in the same period of 2019.

As a result, a surplus of $3.95 billion in cross-border remittances was generated.